Find the minimum cost of producing 50,000 units of a product, where x is the number of
Question:
Find the minimum cost of
producing 50,000 units of a product, where x is the number
of units of labor (at $72 per unit) and y is the number of units
of capital (at $60 per unit).
P(x, y) = 100x0.25 y0.75
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Minimize Cx y 72x 60y subject to the constraint 10...View the full answer
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I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
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